After showing signs of weakness early this week, Bitcoin managed to mount a comeback on Wednesday, rallying 6% to $7,150 within the space of a few hours. It was a rally that liquidated over $10 million worth of short positions, with bulls retaking the ever-important $7,000 level with force. Fortunately, a confluence of fundamental and technical factors indicates that BTC is preparing to embark on its latest leg higher. There isn’t a consensus as to […]
